MLPA vs. USAI ETF Comparison
Comparison of Global X MLP ETF (MLPA) to Pacer American Energy Independence ETF (USAI)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$48.07
Average Daily Volume
120,126
19
USAI
Pacer American Energy Independence ETF
USAI Description
The investment seeks to track the performance, before fees and expenses, of the American Energy Independence Index. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index and depositary receipts representing foreign securities. The index uses a proprietary, rules-based methodology to measure the performance of a portfolio of U.S. and Canadian exchange-listed equity securities of companies that generate a majority of their cash flow from certain qualifying midstream energy infrastructure activities. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.46
Average Daily Volume
4,581
20
Performance
| Period | MLPA | USAI |
|---|---|---|
| 30 Days | -1.86% | -1.13% |
| 60 Days | 2.52% | 5.27% |
| 90 Days | 7.03% | 10.48% |
| 12 Months | 27.58% | 29.22% |
MLPA: Top Represented Industries & Keywords
USAI: Top Represented Industries & Keywords
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